Revenue collects over €10m in back taxes and penalties

Revenue said that 30 cases of default were for amounts of more than €100,000. Three cases involved amounts exceeding €500,000 and one was for more than €1 millionLAURA HUTTON/ROLLINGNEWS.IE

Revenue collected €10,217,360 in back taxes and penalties from 64 people over the final three months of last year, according to the defaulters’ list, published yesterday.

Revenue said that 30 cases were for amounts exceeding €100,000 of which three exceeded €500,000 and one was over €1 million. According to the figures supplied, 26 of the 64 cases had not settled their liabilities by the end of the year.

The highest individual penalty was for Dunbar IT Consulting Ltd, with an address at Upper Mount Street in Dublin, which is now in liquidation. The amount owed was for €1,042,236.97 because of an underdeclaration of corporation tax, PAYE, PRSI, USC and VAT. As of December 31, a total of €610,272.78 remains unpaid.